Table of Contents Table of Contents
Previous Page  14 / 48 Next Page
Information
Show Menu
Previous Page 14 / 48 Next Page
Page Background

June 2016

I

n his State Of the Municipality

address Baloyi said, “We met 92%

of performance targets in the

2014/2015 financial year, and arewell

on track with the current financial

year. In 2011, we promised to reduce

poverty through creating growth

and jobs.”

Midvaal has a 70,5% economi-

cally active population, and currently

has the lowest unemployment rate

in the province. Over the past few

years, the people of Midvaal have

seen the growth and development

occurring along the R59, and other

from 32 local farmers. The Ferrero

Factory in Walkerville employs over

200 people, and Paramount Trailers

has expanded its operations mas-

sively in the past five years, currently

employing 300 people.”

The combination of good gover-

nance and proper management of

public funds has increased investor

confidence into the area, attracting

more than R10 billion in investment.

Baloyi says that Midvaal has actively

pursued investment by hosting a

range of international delegations,

from China, USA and Kenya, as part

of its strategy to showcase Midvaal

as the ideal investment hub.

“Availability of the correct infra-

structure also plays a key role in the

ability of a municipality to attract

potential investors. The expansion of

the MeyertonWaste Water Treatment

Works will increase the capacity of

the plant from 10 mega litres per day

to 25 mega litres per day, which sub-

stantially increases the capacity of the

municipality to facilitate develop-

ment for the next 15 to 20 years,”

Executive Mayor of Midvaal, Bongani Baloyi, says that despite real

economic challenges faced at a national level, Midvaal continues to

provide the best quality of services available.

midvaal attracts investment

hubs within Midvaal, with compa-

nies such as Heineken, Paramount

Trailers, New Hope, BSI Steel and

Twin Boats establishing and grow-

ing their businesses within the mu-

nicipality. “Sedibeng Brewery, a

R3,5 billion investment, created 3 500

construction jobs and is currently

looking to expand its supply chain

locally, through purchasing barley

Housing

Bongani Baloyi at Savanna City